TAKE ADVANTAGE OF THE NEW ‘SUPER-DEDUCTION’ TO INVEST IN YOUR IT INFRASTRUCTURE

As part of Budget 2021, the government announced a new tax ‘super-deduction’ policy, designed to encourage investment, and aid economic recovery.

We’d like to take this opportunity to highlight to you that investment in IT infrastructure also qualifies for the ‘super-deduction’.

What you need to know:

  • The ‘super-deduction’ comes into effect from 1st April 2021 and lasts until 31st March 2023.
  • The ‘super-deduction’ offers an enhanced temporary 130% first-year allowance for main rate assets, and a 50% first-year allowance for special rate assets.*
  • Expenditure on IT infrastructure is included for contracts entered into after 3rd March 2021.*
  • Redcentric is offering commercial incentives to support you and encourage you to take advantage of the tax benefits the ‘super-deduction’ will provide.

If you’re planning on driving your recovery and future productivity through investment in IT infrastructure, now is the time to reconsider those projects which may have been cancelled or delayed due to the pandemic.

 

Get in touch to discuss how we can help you to take advantage of the ‘super-deduction’. We’d be happy to provide further details on the commercial incentives we are offering to support you with your investments.

Get in touch

    *For more details about the ‘super-deduction’ visit the government website
    https://www.gov.uk/government/publications/new-temporary-tax-reliefs-on-qualifying-capital-asset-investments-from-1-april-2021/new-temporary-tax-reliefs-on-qualifying-capital-asset-investments-from-1-april-2021
    redcentric

    Redcentric

    0800 983 2522 sayhello@redcentricplc.com